Mexico’s AI export boom: limited domestic spillovers

Mexico has retained only a relatively small share of the value of its exports of AI-related products (our best estimate is that domestic value added accounts for around a third of the total). The sheer scale of these exports means that they still made a tangible contribution to GDP growth in 2025 and will do so this year too. But it hasn’t been large enough to offset other headwinds facing the economy. And the export boom fits into a pattern in which Mexico has integrated successfully into US supply chains without reaping broader gains in productivity and GDP growth.